Property for Auction in Ponani taluk, Malappuram, Kerala
Auction ID:550218
Bank Name:Canara Bank
Branch Name:Specialised ARM Branch
Reserve Price:₹20,00,000
EMD:₹2,00,000
Service Provider:BAANKNET
Submission Date:16-08-2025 05:00 PM
Bid Start Date:17-08-2025 11:00 AM
This property features a Land And Building located in Ponani taluk, Malappuram, Kerala. As a residential asset, it offers potential for various uses, whether for personal residence or investment. Situated in a developing area, it benefits from the local infrastructure and connectivity of Malappuram. The property is being auctioned by Canara Bank as part of their SARFAESI action. Further details regarding the size, condition, and specific location within Ponani taluk will be available to interested bidders.
State:Kerala
City:Malappuram
Area:Ponani taluk
Asset Category:Residential
Canara Bank presents a SARFAESI auction for a prime residential property in Ponani taluk, Malappuram, Kerala. This is an opportunity to acquire land and a building with a reserve price of ₹20,00,000 and an EMD of ₹2,00,000. The auction will be held on August 17, 2025, from 11:00 AM to 12:00 PM. This is a bank auction initiated due to the default by the borrower, Mrs. Reshma V P. Don't miss this chance to invest in a valuable asset in a sought-after location.
Borrower Name:Mrs. Reshma V P
Auction Type:SARFAESI Auction
Contact Authorized Officer, ARM Branch, Kozhikode Ph: 9188406941